Gulf Times - Gulf Times Business
Oman Qatar Insurance Co opens new corporate office in Al Khuwair
Oman Qatar Insurance Company (OQIC), a premier insurance company in Oman and a subsidiary of Qatar Insurance Group, has opened its new corporate office.
Held at the Grand Hyatt in Muscat, the opening ceremony witnessed the presence of many dignitaries and government officials, including the Board of directors, industry experts, prominent business leaders, associates and partners, and OQIC employees.
“The bilateral relations between Qatar and Oman have grown in leaps and bounds...This successful relation have manifested in forming new synergies, new agreements and cooperation projects,” said Khalaf Ahmed al-Mannai, chairman of OQIC.
OQIC’s vision aligns with its parent Qatar Insurance Group, which is to continue its drive for achieving further growth and operational excellence through innovation, diversification and responsible leadership,” he said, adding pursuant to this vision, OQIC aspires to play a key role in enhancing the bilateral ties between the two countries and be a key contributor in Oman’s economic welfare.
During the opening ceremony al-Mannai unveiled the new headquarters in the presence of Sheikh Khalid bin Omar al-Marhoon, Minister of Civil Services, and other dignitaries, including Abdullah bin Salim al-Salmi, executive president of the Capital Market Authority, Ali bin Fahad alHajri, Ambassador of Qatar to Oman and members of the Board of Directors Tariq Marzooq S A al-Shamlan and Said Mubarak al-Mohannadi. The opening of the corporate office of OQIC is a strategic response to the increasing growth witnessed in the insurance sector of Oman. It also aims at supporting Omanisation by enabling Omanis to assume senior management positions.
The new corporate office of OQIC is situated in the heart of the business district in Al Khuwair. Reflecting OQIC’s ambition and commitment to Oman, it provides a harmonious and dynamic environment for people to work and collaborate in.
The office hosts in-house training facilities that are focused on continuous learning and development especially to cater to the young Omani nationals. It is also equipped with a call center, meeting facilities and breakout areas. Alongside the opening of the new corporate headquarters, the dignitaries also unveiled a commemorative plaque marking the opening of a modern retail branch in Mabela that has been designed to provide customers with a welcoming and pleasurable experience. With the opening of the Mabela branch, OQIC will now have ten full-service branches across Oman. The successful listing of OQIC in the Muscat Securities Market demonstrates the strategic importance of OQIC to strengthen the group’s position in Oman.